Goldgroup Mining is pleased to announce that a first tranche of the upsized non-brokered private placement of units announced on April 19, 2022 and June 3, 2022 has been completed. Pursuant to the first tranche of the Private Placement, the Company issued 17,442,857 Units at a price of $0.035 per Unit, for aggregate gross proceeds of approximately [...]
Goldgroup Mining is pleased to announce that the Company has increased its previously announced private placement financing from 18,000,000 units of the Company to 19,542,857 Units at a price of $0.035 per Unit for aggregate gross proceeds of up to approximately $684,000. Each Unit will consist of one common share and one common share purchase [...]
Goldgroup Mining announces the appointment of Mr. John McClintock as the Company's Chief Executive Officer effectively immediately. Anthony Balic, the previous Interim CEO, will continue as the Company's Chief Financial Officer. Mr. McClintock has over 14 years of international and domestic experience in capital markets within the mining and metals [...]
Goldgroup Mining Inc. announces that on April 16, 2021, the Tenth Circuit Court of Appeals affirmed the May 9, 2019 order and judgment from United States District Court for the District of Colorado, which confirmed the arbitration award the Company received on August 14, 2016 pursuant to an arbitration held in Denver, Colorado, commencing in March [...]
Goldgroup Mining Inc. held its annual general meeting of shareholders in Vancouver, B.C. on December 22, 2020. Common Shares represented at the Meeting: 63,454,331 Total issued and outstanding Common Shares as at Record Date: 211,803,356 Percentage of issued and outstanding Common Shares represented: 29.96% 1. Number of Directors Votes in Favour [...]
Goldgroup Mining Inc. is pleased to announce that it has closed a definitive agreement in respect of the previously announced secured loan facility in the amount of USD$3,000,000 among the Company as guarantor, the Company's subsidiary, Minas de Oroco Resources, S.A. de C.V. , as borrower, and Accendo Banco S.A., Multiple Banking Institution, as [...]
Goldgroup Mining Inc. is pleased to announce that it has signed an indicative term sheet in respect of a secured loan facility with Accendo Banco S.A., Multiple Banking Institution , in the amount of USD$3,000,000 . Facility Terms As set out in the Term Sheet, the Facility will be available for drawing for 12 months following the date on which [...]
Goldgroup Mining Inc. announces that the Mexican federal government has mandated that all non-essential businesses, temporarily suspend operations until April 30 due to the COVID-19 virus. The Company will work towards an orderly reduction of mining, crushing and stacking activities. Given that the Company operates a heap leach mine, the Company [...]
Goldgroup Mining Inc. provides a response to DynaResource Inc.’s news release from December 20, 2019. The Company is currently awaiting the written judgment of the 11th Federal Circuit Collegiate Court in México to be published to assess its contents and reasons for judgment. The Company will continue to pursue all legal avenues in [...]
Goldgroup Mining Inc. announces that Keith Piggott and Harry Burgess have resigned from the Board of Directors pursuant to the Company’s Majority Voting Policy. The Company would like to thank Mr. Piggott and Mr. Burgess for their time, services, and for the valuable contributions made during their time with the Company. About Goldgroup [...]
Goldgroup Mining Inc. announces that further to its Annual General Meeting of Shareholders of the Company held on July 31, 2019, directors Keith Piggott and Harry Burgess have not tendered their resignations as directors pursuant to the Company’s Majority Voting Policy, due to mitigating circumstances which have been communicated to the TSX [...]
Goldgroup Mining held its annual general and special meeting of shareholders in Vancouver on July 31, 2019. Common Shares represented at the Meeting: 99,863,540 Total issued and outstanding Common Shares as at Record Date: 185,136,689 Percentage of issued and outstanding Common Shares represented: 53.94% 1. Number of Directors Votes in Favour Votes [...]